Your Medicare Could Cost a Lot More Next Year
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The current law, known as the "Hold Harmless" provision, protects seniors from receiving an increase in their Part B premium that is higher than their Social Security Cost of Living Adjustment (COLA). The estimated COLA for 2017 is 0.2%. Approximately 70% of those on
In 2015,
Legislation has been passed to control costs. Since 2007, high-income individuals have been paying significantly more for their Part B premiums. Those in the highest bracket could see an increase from
It would seem
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